Lark Distillery crafts the finest spirits; whiskies that win international awards and consumers love. But more than this it’s about community, our team, our shareholders and the connection to our Whisky craft, and honouring our Tasmanian roots while continually innovating.
At LRK we are focused on delivering superior returns to shareholders via fulfilling the promise of the Lark brand and Tasmanian Whisky. Our geographic focus is primarily Tasmania and Australia, our route to market is via traditional off premise retailers and on premise bars, and via our highly successful direct to consumer business (hospitality and online e-commerce) and our primary focus is Whisky and the Lark brand (and we also have Forty Spotted Gin).
Today our market capitalisation sits at approximately $268m, that's 4.5 times where it was last year. We have over 1.093m litres under maturation and expect that to be in excess of 1.8m litres by the end of FY22. We're on track to double net sales again in F22 while improving gross margin, net profit and cashflow. While whisky can be serious business, we toast to our many partners who support our endeavours and thank our loyal shareholders for their support. Grab a glass and toast with us.
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